Demand, Marginal Revenue and Profit Maximization for a Perfect Competitor

This video explains how an individual firm in a perfectly competitive market should decide the best quantity to produce to maximize profits. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! econclassroom.com/?page_id=5870

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• #profit_maximization
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• #demand_economics